Beijing Reconciled Depreciation vs Other Operating Expenses Analysis

688169 Stock   260.22  0.12  0.05%   
Beijing Roborock financial indicator trend analysis is way more than just evaluating Beijing Roborock Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Roborock Tec is a good investment. Please check the relationship between Beijing Roborock Reconciled Depreciation and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Roborock Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Reconciled Depreciation vs Other Operating Expenses

Reconciled Depreciation vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Roborock Tec Reconciled Depreciation account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beijing Roborock's Reconciled Depreciation and Other Operating Expenses is 0.77. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Beijing Roborock Technology, assuming nothing else is changed. The correlation between historical values of Beijing Roborock's Reconciled Depreciation and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Beijing Roborock Technology are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Beijing Roborock's Reconciled Depreciation and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Beijing Roborock Tec. It is also known as Beijing Roborock overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Beijing Roborock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Roborock Tec current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Roborock Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 2.3 B, whereas Tax Provision is forecasted to decline to about 164.5 M.
 2022 2023 2024 2025 (projected)
Gross Profit3.3B4.8B5.5B5.8B
Total Revenue6.6B8.7B10.0B10.4B

Beijing Roborock fundamental ratios Correlations

0.950.961.00.990.990.940.780.990.980.320.20.980.890.961.00.950.950.850.991.00.910.130.870.380.89
0.951.00.930.880.971.00.550.970.990.090.240.960.991.00.930.880.90.860.910.930.770.330.880.150.82
0.961.00.940.90.971.00.570.980.980.120.260.970.981.00.940.890.910.860.920.940.790.280.870.180.83
1.00.930.940.990.980.920.820.980.960.370.180.980.860.941.00.950.950.841.01.00.930.090.850.430.89
0.990.880.90.990.960.870.870.960.930.430.170.960.80.90.990.950.940.810.990.990.950.020.830.490.89
0.990.970.970.980.960.960.721.00.990.210.210.990.920.980.980.930.960.870.970.990.880.230.880.280.9
0.941.01.00.920.870.960.530.970.970.090.280.960.981.00.920.870.90.850.910.920.760.290.860.140.82
0.780.550.570.820.870.720.530.710.660.640.10.720.420.570.810.790.740.620.820.820.93-0.220.620.690.76
0.990.970.980.980.961.00.970.710.990.220.170.980.930.980.980.910.960.870.970.980.870.190.880.280.9
0.980.990.980.960.930.990.970.660.990.20.180.960.960.980.960.90.910.880.950.970.840.280.890.270.84
0.320.090.120.370.430.210.090.640.220.2-0.210.230.020.120.380.350.140.10.440.370.53-0.740.10.990.15
0.20.240.260.180.170.210.280.10.170.18-0.210.310.180.260.210.390.210.240.160.170.180.390.24-0.190.22
0.980.960.970.980.960.990.960.720.980.960.230.310.90.970.980.970.950.850.970.980.880.20.860.290.88
0.890.990.980.860.80.920.980.420.930.960.020.180.90.980.860.790.830.830.850.860.680.370.850.080.74
0.961.01.00.940.90.981.00.570.980.980.120.260.970.980.940.890.910.860.920.940.790.290.870.180.83
1.00.930.941.00.990.980.920.810.980.960.380.210.980.860.940.960.930.841.01.00.930.090.850.440.88
0.950.880.890.950.950.930.870.790.910.90.350.390.970.790.890.960.880.780.950.950.90.140.80.40.83
0.950.90.910.950.940.960.90.740.960.910.140.210.950.830.910.930.880.820.920.950.850.160.830.190.96
0.850.860.860.840.810.870.850.620.870.880.10.240.850.830.860.840.780.820.820.840.850.321.00.180.88
0.990.910.921.00.990.970.910.820.970.950.440.160.970.850.921.00.950.920.821.00.940.020.830.490.86
1.00.930.941.00.990.990.920.820.980.970.370.170.980.860.941.00.950.950.841.00.930.090.860.430.89
0.910.770.790.930.950.880.760.930.870.840.530.180.880.680.790.930.90.850.850.940.93-0.060.850.580.88
0.130.330.280.090.020.230.29-0.220.190.28-0.740.390.20.370.290.090.140.160.320.020.09-0.060.32-0.660.11
0.870.880.870.850.830.880.860.620.880.890.10.240.860.850.870.850.80.831.00.830.860.850.320.180.88
0.380.150.180.430.490.280.140.690.280.270.99-0.190.290.080.180.440.40.190.180.490.430.58-0.660.180.19
0.890.820.830.890.890.90.820.760.90.840.150.220.880.740.830.880.830.960.880.860.890.880.110.880.19
Click cells to compare fundamentals

Beijing Roborock Account Relationship Matchups

Beijing Roborock fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.8B9.8B10.8B14.4B16.5B17.4B
Other Current Liab120.8M194.5M240.7M618.0M710.7M746.2M
Total Current Liabilities718.6M1.3B1.2B2.9B3.3B3.5B
Total Stockholder Equity7.1B8.5B9.6B11.4B13.1B13.7B
Net Tangible Assets1.5B7.1B8.5B9.5B11.0B11.5B
Retained Earnings2.1B3.4B4.4B6.2B7.1B7.4B
Accounts Payable337.7M686.6M589.6M1.5B1.7B1.8B
Cash1.4B1.3B1.8B893.0M1.0B812.9M
Non Current Assets Total1.8B3.3B3.5B5.5B6.3B6.6B
Non Currrent Assets Other1.4B1.2B1.9B3.5B4.0B4.2B
Other Assets13.8M1.3B747.6M106.0M121.8M115.8M
Net Receivables135.8M125.3M327.5M274.7M247.2M211.7M
Non Current Liabilities Total15.2M16.8M71.6M116.1M133.5M140.2M
Inventory381.0M595.6M693.7M928.2M1.1B1.1B
Other Current Assets111.8M170.5M126.5M1.0B1.2B1.2B
Total Liab733.8M1.3B1.3B3.0B3.4B3.6B
Total Current Assets6.0B6.5B7.3B8.9B10.2B10.7B
Property Plant Equipment67.4M60.9M1.3B1.4B1.6B1.7B
Common Stock Shares Outstanding66.7M66.8M93.7M131.5M151.2M79.9M
Short Term Investments3.8B4.1B3.8B5.0B5.8B6.1B
Net Invested Capital7.1B8.5B9.6B11.4B13.1B13.8B
Net Working Capital5.3B5.2B6.1B6.0B6.9B3.9B
Other Stockholder Equity3.6M(7.5M)(13.2M)4.5M4.1M4.3M
Capital Stock66.7M66.8M93.7M131.5M151.2M84.1M
Property Plant And Equipment Net60.9M1.3B1.4B1.4B1.6B927.3M
Property Plant And Equipment Gross171.0M1.4B1.4B1.4B1.6B1.0B
Intangible Assets5.9M5.7M6.5M18.5M21.2M22.3M

Currently Active Assets on Macroaxis

Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing Roborock Tec at a specified time, usually calculated after every quarter, six months, or one year. Beijing Roborock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Roborock and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Beijing currently owns. An asset can also be divided into two categories, current and non-current.